Autodesk, Inc. (NASDAQ:ADSK) Receives $369.59 Consensus Price Target from Brokerages

Shares of Autodesk, Inc. (NASDAQ:ADSK) have received a consensus recommendation of “Moderate Buy” from the twenty-nine research firms that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, twenty-one have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $369.5926.

Several research firms have recently issued reports on ADSK. Royal Bank Of Canada restated an “outperform” rating and set a $380.00 price objective on shares of Autodesk in a report on Monday, October 6th. Wolfe Research upped their price target on Autodesk from $370.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Berenberg Bank set a $370.00 price objective on Autodesk in a research report on Monday, September 1st. Morgan Stanley boosted their price objective on Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a research report on Sunday, August 31st. Finally, Arete Research upped their target price on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, December 11th.

Autodesk Stock Performance

Shares of NASDAQ ADSK opened at $300.71 on Monday. Autodesk has a 12 month low of $232.67 and a 12 month high of $329.09. The company has a market cap of $63.75 billion, a P/E ratio of 58.28, a P/E/G ratio of 2.44 and a beta of 1.47. The business’s 50 day moving average is $300.48 and its two-hundred day moving average is $303.52. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the business earned $2.17 earnings per share. Autodesk’s revenue for the quarter was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, equities analysts expect that Autodesk will post 5.76 EPS for the current year.

Institutional Trading of Autodesk

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC acquired a new stake in Autodesk during the 3rd quarter valued at $25,000. Proffitt & Goodson Inc. bought a new stake in shares of Autodesk during the third quarter worth $27,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Autodesk in the third quarter valued at $28,000. Tripletail Wealth Management LLC acquired a new stake in shares of Autodesk in the third quarter valued at $29,000. Finally, Access Investment Management LLC bought a new position in shares of Autodesk in the second quarter valued at about $28,000. Institutional investors own 90.24% of the company’s stock.

About Autodesk

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.